The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-03-21

present at the meeting for the inspection of
stockholders. 1t also provides for the appoint
ment OF three disnterested judges OF election
The Blood party has endeave-ed TO prevent the
passage of tLeee bills; but they passed both
honses by large majorities and have been signed
by the Governor, thus applying to the special
election to be held to morrow for the purpose OF
endeavoring TO vote a mortgage on the property.
The impression is quite general in railroad cir
cies that within a few months this road will be
part of the l., b. 81 w. system through the
building OF a link to connect the two interests
lines
The railroad arrangements look for extended
and sharp litigation before many of the shippers
give up their contracts which were made for the
year, and there are more of these contracts ont
than one who has made no inquiry about the
matter would suppose Local agents are re-
ceiving letters from connecting roads which
have contracts out, asking them to call on such
parties and request that they return them to the
road which made the contract, and the wording
OF such letters shows plainly that the general
freight agents uneasy lest some trouble will
be experienced in inducing shippers to give them
up, and some able legal authorities take the posi-
ton that the railroad companies are legally
bound to carry out the contracts entered into
for 1887.
A Handsome Increase in Freight Business.
The train records Of the several roads center
ing here show a handsome increase in traffic
with majority of the roads, especially the
lines doing the east-bound business, IN which
direction rates have been little off. 1t will be
noticed that 1,2S7 more loaded cars were received
and forwarded at this point in the week ending
March 10 shan in the preceding week, and 2. 42l
more than in the corresponding week 1886, while.
when compared with the corresponding week
1885. the exhibit is not so favorable; but in the
week ending March 2l 1885, the movement of
| loaded cars was the heaviest OF any week in the
year Nearly all lines were slaughtering rates.
1 the /. & ST L. and Bee-line in those days lead
| ing as rate-cutters. The movement east-bound
ment in the week ending March IL This was
attributable doubtless to the break In
Rates and the anxiety of shippers to
| forward all the Grain possible before
| the Goth of the month, when the trunk
| line order begins to place check on the for
| warding business at the present cut rates West
| bound business continues heavy, comparatively
| speaking There is but little coke and anthra-
| cite Goals moving westward but the shortage in
| this class of freight is more than made up
| through the increase in shipment of merchan-
| disc, agricultural implements aud railway sup
plies. North-and. south roads doing ex-
cellent business and carrying it at paying rates.
| Shipments of grain and provisions southwark
| have decreased somewhat, but still quite
heavy, while the shipments of merchandise have
| increased heavily the last few DAYS. Local
business with all lines is again improving, both
| in and ont bound, and there is more activity
about the city freight depots than at any time in
some weeks past. Livestock traffic, both
| local and through shipments. is light An i'm
| provement is looked for next month. Below is
| given the number of received and for
| warded at this point in the week ending March
| 10, as compared with that of the CORES ponding
weeks of 1886 and 1885,